Fourth Quarter Investor Presentation
Impact of Purchase Accounting
Purchase Accounting Accretion (PAA) Summary
Actuals
Projected
($ in millions)
3Q22
4Q22
1Q23
2Q23
3Q23
4Q23
1Q24
2Q24
3Q24
Loans and Leases
$12
$10
$8
$5
$5
$3
$3
$4
$3
Long-term Debt
3
3
3
3
3
3
3
3
3
Deposits
Other
0
(2)
(1)
0
(2)
0
0
0
Subtotal: Net Interest Income
15
11
10
8
9
6
6
7
Noninterest income
7
7
5
Core Deposit Intangible (Noninterest Expense)
(4)
(4)
(4)
(4)
(4)
(4)
(4)
(3)
Purchase Accounting Pre-tax net impact
$18
$14
$11
$4
$2
$2
$3
$3
106 3
(3)
$3
Total PAA NIM Impact
4 bp
3 bp
2 bp
2 bp
1 bp
Projected purchase accounting accretion represents scheduled accretion, and does not include impact of any accelerated payoffs in future periods
2023 Fourth Quarter Investor Presentation | 54
HuntingtonView entire presentation